The CLP Carbon Credits website was established to educate the public on the concept of carbon credits.
The Paris Agreement was signed. It sets goals to guide all nations to limit the global temperature increase in this century to 2 degree Celsius while pursuing efforts to limit the increase even further to 1.5 degrees.
Carbon Disclosure Project (CDP) was launched, providing a platform for entities to voluntarily disclose their GHG profile.
The Verified Carbon Standard (VCS) and The Gold Standard (GS) were established to provide a framework for ensuring the emissions reductions are real, additional and verifiable.
Chicago Climate Exchange (CCX) was launched, making it the first voluntary carbon trading platform where buyers and sellers can trade carbon credits.
The Kyoto Protocol was signed. Clean Development Mechanism (CDM) was established to allow industrialised countries to offset their GHG emissions by investing in emissions reduction projects in developing countries.
The concept of carbon creditswas introduced.